{"id":226239,"date":"2025-06-04T22:56:23","date_gmt":"2025-06-04T22:56:23","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=226239"},"modified":"2025-06-04T22:56:25","modified_gmt":"2025-06-04T22:56:25","slug":"the-gross-income-of-abelina-bennett-is-215-per-week","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2025\/06\/04\/the-gross-income-of-abelina-bennett-is-215-per-week\/","title":{"rendered":"The gross income of Abelina Bennett is $215 per week"},"content":{"rendered":"\n

Question
The gross income of Abelina Bennett is $215 per week. Her deductions are: $15.16 for FICA tax, $29.33 for income tax, 2% for state tax, 1% for city tax, and 3% for retirement fund. What is her net income?
The gross income of Abelina Bennett is
15.16 for FICA tax, $29.33 for income tax, 2% for state tax, 1% for city tax, and 3% for<\/p>\n\n\n\n

The Correct Answer and Explanation is:<\/mark><\/strong><\/p>\n\n\n\n

Correct Answer:<\/strong><\/p>\n\n\n\n

Abelina Bennett\u2019s net income is $158.21<\/strong> per week.<\/p>\n\n\n\n

\n\n\n\n

Explanation<\/strong><\/p>\n\n\n\n

To calculate Abelina Bennett\u2019s net income<\/strong>, we must subtract all her deductions from her gross income<\/strong>. Her gross income is $215<\/strong> per week.<\/p>\n\n\n\n

Step 1: Fixed Deductions<\/h3>\n\n\n\n
    \n
  • FICA tax<\/strong> = $15.16<\/li>\n\n\n\n
  • Income tax<\/strong> = $29.33<\/li>\n<\/ul>\n\n\n\n

    Step 2: Percentage-based Deductions<\/h3>\n\n\n\n

    These deductions are percentages of the gross income ($215)<\/strong>:<\/p>\n\n\n\n

      \n
    • State tax (2%)<\/strong> = 0.02 \u00d7 215 = $4.30<\/strong><\/li>\n\n\n\n
    • City tax (1%)<\/strong> = 0.01 \u00d7 215 = $2.15<\/strong><\/li>\n\n\n\n
    • Retirement fund (3%)<\/strong> = 0.03 \u00d7 215 = $6.45<\/strong><\/li>\n<\/ul>\n\n\n\n

      Step 3: Add Total Deductions<\/h3>\n\n\n\n

      Now add all the deductions together:<\/p>\n\n\n\n

        \n
      • $15.16 (FICA tax)<\/li>\n\n\n\n
      • $29.33 (income tax)<\/li>\n\n\n\n
      • $4.30 (state tax)<\/li>\n\n\n\n
      • $2.15 (city tax)<\/li>\n\n\n\n
      • $6.45 (retirement fund)<\/li>\n<\/ul>\n\n\n\n

        Total deductions<\/strong> = $15.16 + $29.33 + $4.30 + $2.15 + $6.45 = $57.39<\/strong><\/p>\n\n\n\n

        Step 4: Subtract Deductions from Gross Income<\/h3>\n\n\n\n
          \n
        • Net income<\/strong> = Gross income \u2212 Total deductions<\/li>\n\n\n\n
        • Net income<\/strong> = $215 \u2212 $57.39 = $157.61<\/strong><\/li>\n<\/ul>\n\n\n\n

          Correction: It appears there was a typo earlier in the final total.<\/p>\n\n\n\n

          Let\u2019s recalculate precisely:<\/p>\n\n\n\n

          $15.16 + $29.33 = $44.49
          $44.49 + $4.30 = $48.79
          $48.79 + $2.15 = $50.94
          $50.94 + $6.45 = $57.39<\/strong><\/p>\n\n\n\n

          $215.00 \u2212 $57.39 = $157.61<\/strong><\/p>\n\n\n\n

          Final Answer: $157.61<\/strong><\/h3>\n\n\n\n

          This is the net income<\/strong>, which is the amount Abelina takes home after all taxes and deductions. Net income is important because it reflects what is actually available for living expenses, savings, and spending.<\/p>\n\n\n\n

          \"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

          QuestionThe gross income of Abelina Bennett is $215 per week. Her deductions are: $15.16 for FICA tax, $29.33 for income tax, 2% for state tax, 1% for city tax, and 3% for retirement fund. What is her net income?The gross income of Abelina Bennett is15.16 for FICA tax, $29.33 for income tax, 2% for state […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-226239","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/226239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=226239"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/226239\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=226239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=226239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=226239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}